Times When You Shouldn't Use Roth if You Have Low Income

[@roburb73]

I struggle with this. Right now we're probably 60/40 Roth vs Traditional. Our income is above $350k and I know we will retire early and it's going to be significantly smaller for a numbee of years. Unless I'm dead, I'm certain I'll have about 10+ years to Roth convert all traditional dollars at a micn lower tax bracket. We shall see how it all plays out. Haha

[@FIRE_DrNinjaTurtle]

I am maxing out ROTH and Traditional. One is a 457 and the other is a 403B

[@MargaretWest-m8u]

I recently adjusted my Roth IRA to 50% in SCHD, 25% in SCHX, and 25% in SCHG. For my Roth 401k, I went with 70% in Vanguard's S&P 500 Index, 20% in the Vanguard Growth Index, and 10% in the Vanguard International Index. My goal is to grow my $350k to over $1 million within the next three years.

[@Toni__Michelle]

It might be worth considering a financial advisor to avoid constant adjustments. Your selections are strong, especially for a $350k portfolio.

[@FrankJaaay]

I agree-having an advisor manage my investments has been invaluable since my work schedule doesn't allow time for in-depth analysis. Thankfully, my portfolio has grown fivefold in just four years, reaching nearly $1 million today.

[@HotManP-l5g]

That's impressive! Would you mind sharing your advisor's details? I’m in urgent need of rebalancing my portfolio.

[@FrankJaaay]

I consistently recommend Rebecca Lynne Buie as my top choice. She is well-known for her expertise in financial markets and has an impressive track record. I highly endorse her services.

[@CarddtReddt]

Thank you for sharing! I did a quick search for Rebecca Lynne Buie online, found her consulting page, and scheduled a call. She seems to have a high level of expertise.

[@rolandosouffrain7957]

I maxed out my Roth 401k and Roth IRA for this year. I plan on maxing them out in 2025 also. ROTH 4 Life. Lol.😂😂😂🎉🎉🎉 Tax Free Millionaire in the making. 💰💰💰💰💰💰💰💰💰💰

[@FIRE_DrNinjaTurtle]

I need to see if I can max out a ROTH IRA in addition to maxing out two different 401k’s. One is a 457 and the other is a 403B. I was to add the ROTH IRA as well